Cambior to repay bill by June
In a deal struck with its lenders and hedge providers, Cambior (CBJ-T) will repay US$75 million of its US$212-million loan obligations by June 30, 2000.This interim payment is part of a preliminary ag…
News
Meridian outlines targets
Underground channel sampling by Meridian Gold (MNG-T) has returned significant gold values at the Venturina gold-silver property in Mexico’s Chihuahua state.Targeting the old underground workings alon…
Atna and Energold drill San Antonio project
Atna Resources (ATN-T) and Energold Mining (EGD-V) will carry out drilling early next year on the San Antonio-1 concession in the Dominican Republic.During a deep-penetration geophysical survey, sever…
Crew gains Perkoa zinc deposit
African-based Metorex, half of which is owned by Crew Development (CRU-T), has acquired Billiton’s share of the Perkoa massive sulphide deposit in Burkina Faso.Perkoa was discovered in 1982 by the Uni…
INDEX (December 20, 1999)
Agnico-Eagle Mines20Altius Minerals3Atna Resources14Barrick Gold14Billiton3Boliden20Broken Hill Proprietary2, 6Buchans River3Cambior12, 17Cameco19Celtic Minerals12Cornerstone Capital Resour…
Caledonia aims to strike lightning
Australian-based Caledonian Pacific Minerals (CDM-V) has applied for an exploration licence covering a diamondiferous diatreme in the Lightning Ridge area of northern New South Wales, Australia.The di…
Events (December 20, 1999)
Jan. 25-28 B.C. & Yukon Chamber of Mines — “Cordilleran Geology and Exploration Roundup.” Hotel Vancouver, Vancouver, B.C. Tel: (604) 681 5328.Feb. 8-10 Int’l Investment Conferences — “Investing in …
Yanacocha cuts contractor
The owners of Yanacocha, South America’s largest gold mine, plan to trim costs by abandoning contract mining.The giant heap-leach operation, situated in northern Peru, is expected to produce more than…
MEETINGS (December 20, 1999)
Dec 22 E-Minerals — annual, specialDec 22 Pickle Crow — annual, specialDec 23 Fosters — specialDec 28 Auriginor — annual, generalDec 29 Siga…
Thundermin, Queenston drill-test Boundary deposit
A 65-hole drill program by Thundermin Resources (THR-T) and equal partner Queenston Mining (QMI-T) has been completed on the Boundary deposit at the Duck Pond base metal property, 30 km southwest of t…
Manhattan resumes drilling at Tambo Grande
Manhattan Minerals (MAN-T) has launched a 50,000-metre drill program at its 75%-optioned Tambo Grande polymetallic project in northwestern Peru.Two rigs will attempt to expand the existing gold deposi…
Roads point way to Quebec’s riches
The discovery of a number of gold and base metal showings in northwestern Quebec is prompting explorers to call on the provincial government to build more roads throughout the region. Juniors and pros…